Who Owns Tropicana Casino?
Tropicana Casino is a casino and resort located in Atlantic City, New Jersey. It is owned by Bally’s Corporation, which acquired the property in 2017.
History of Tropicana Casino
The Tropicana Casino was originally built in 1948 by Merv Griffin. It was the first casino to open in Atlantic City after the legalization of gambling in the state. The casino was an immediate success, and it quickly became one of the most popular destinations in Atlantic City.
In 1988, the Tropicana Casino was sold to Donald Trump. Trump made a number of improvements to the casino, including adding a new hotel tower and a new casino floor. However, the casino continued to struggle financially, and Trump eventually sold it to Aztar Corporation in 2007.
Aztar Corporation continued to operate the Tropicana Casino until 2017, when it was acquired by Bally’s Corporation. Bally’s has invested heavily in the Tropicana Casino, and it has become one of the most successful casinos in Atlantic City.
Current Ownership of Tropicana Casino
Tropicana Casino is currently owned by Bally’s Corporation. Bally’s Corporation is a publicly traded company that owns and operates casinos, hotels, and other gaming properties. The company has a market capitalization of over $5 billion and employs over 30,000 people.
Other Properties Owned by Bally’s Corporation
In addition to Tropicana Casino, Bally’s Corporation also owns and operates the following properties:
- Bally’s Atlantic City
- Bally’s Las Vegas
- Bally’s Twin Rivers
- Bally’s Quad Cities
- Bally’s Dover Downs
- Bally’s Charlestown
- Bally’s Raceway
- Bally’s Wildwood
Conclusion
Tropicana Casino is a popular casino and resort located in Atlantic City, New Jersey. It is owned by Bally’s Corporation, which acquired the property in 2017. Bally’s has invested heavily in the Tropicana Casino, and it has become one of the most successful casinos in Atlantic City.
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